The stockbrokers are the mediators between the investor and the stock exchange. NJ Wealth is one of the leading stockbrokers that provides the service of financial advisory and distribution of financial products in India. It is a full-service stockbroker and came into existence in 2003. Its founders are Neeraj Choksi and Jignesh Desai. NJ Wealth is present in 25 states across India with more than 33,000 network partners.
NJ wealth has grown from humble beginnings and now has more than 15.350 active clients in FY 19-20. The clients include corporates, individuals, etc. Considering the client size, it is in the category of small stockbrokers. The stockbroker has brand equity in specific areas of the country.
Let us learn about its trading platform NJ E-Wealth
NJ E-Wealth
When it comes to trading and providing streamlined transactions, They rank among the top brokers in the country. Their NJ e-Wealth application gives the clients the platform to monitor all their portfolio holdings which include equities, IPOs, mutual funds, ETFs, etc. By using this application you can easily buy or sell securities. You can download NJ e- Wealth because of the following benefits.
- It is safe and user-friendly.
- It helps you to check your transactions and portfolio at any time.
- You get access to mutual funds, equities, IPOs, ETFs, etc. in a single place.
Let us now learn about the top features of the NJ E-Wealth Application.
Application Features
- View portfolio anytime.
- Buy, sell and invest in securities anytime.
- Easy to use.
- Convenient transaction option.
- No requirement for the physical application.
- Safe transaction options.
- Online processing for everything.
- No need for signature
The above are just a few of the best features of the NJ e-Wealth application. Let us now learn about the products that provides.
NJ Wealth Products
NJ Wealth provides advisory services and financial products like equity, mutual funds, ETFs, Portfolio Management Services, infrastructure bonds, government bonds, etc. The firm also provides a course on stock market education, CFP, AMFI, etc. It also provides services in other products like real estate.
It is a registered member of the NSE and BSE. CDSL is its depository participant. You can open trading and demat accounts with them. By using their depository services you can hold the securities in an electronic form.
When it comes to the trading platform, NJ e-Wealth is a mobile application for smartphone users. But when it comes to a web platform, It has something to offer here too.
NJ Client Desk E-Wealth Web Platform
NJ web platform requires no need for installing any software. You can access the entire portfolio and trade using without using or downloading any particular software. These services are accessible from anywhere across the globe. Trading on the web platform does not require any physical signature or physical application. The mode of payment is also safe and secure. You get a comprehensive report for all the transactions done in your account.
Let us now learn about the NJ Wealth Brokerage Charges
NJ Wealth Brokerage Charges
| Equity Delivery Trading | 0.1% – 0.2% |
| Equity Intraday Trading | 0.01% – 0.02% |
| Commodity Options Trading | 0.01% – 0.02% |
| Equity Futures Trading | 0.01% – 0.02% |
| Equity Options Trading | Rs.10 – Rs.20 per Lot |
| Currency Futures Trading | 0.01% – 0.02% |
| Currency Options Trading | Rs.10 – Rs.20 per Lot |
| Minimum Brokerage | Percentage of Transaction |
| Demat AMC Charges | Free |
| Trading AMC Charges | Rs.250 per Annum |
| Margin Money | Minimum Rs.3,000 |
Let us now learn about the cost of opening a demat account and annual maintenance charges.
Demat Account Opening Fees and Annual Maintenance Charges
| Depository Source | CDSL & NSDL |
| Account Opening Charges | Rs.300 |
| Demat AMC Charges | Free |
| Trading AMC Charges | Rs.250 per Annum |
| Margin Money | Minimum Rs.3,000 |
| Offline to Online | Yes |
Customer Care
NJ Wealth has a good track record of resolving the grievance of customers. You can call their executives on the weekdays between 9.15 a.m. to 6 p.m. and between 10 a.m. to 2 p.m. on Saturdays except the second and fourth. Reaching customer care is very easy as well. You can call or email or even visit their office for resolving any issue.
They offer many benefits to its clients. Opening a demat and trading account with them is not a bad idea. The NJ trading account and demat account (TADA) reduces the hassle and problem of holding the securities in physical form.
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NJ India Invest Pvt. Ltd.
Registered & Corporate Office:
BLOCK NO.901 & 902, 6TH FLOOR, ‘B’ TOWER, UDHNA UDYOG NAGAR SANGH COMMERCIAL COMPLEX,
CENTRAL ROAD NO. 10, UDHNA, SURAT – 394210, GUJARAT.
CIN: U67120GJ2000PTC037674
SEBI Registration No: INZ000213137 (Member of NSE and BSE)
CDSL – SEBI Registration No: IN-DP-14-2015, CMID Code : M51718 | AMFI No : ARN 0155 | PFRDA POP 15092018
For DP complaints & grievances mail at dpservices@njgroup.in
For NPS grievances mail at npsgrievance@njgroup.in
Help-desk: 1800 102 0155
Call N Transact (CNT) Number: 0261-4026100
